Leasing Activity

FARMERS BRANCH, TEXAS — Holt Lunsford Commercial has negotiated a 30,000-square-foot industrial lease at 4535 Simonton Road in the northern Dallas metro of Farmers Branch. Andrew Gilbert of Holt Lunsford represented the landlord, TA Realty, in the lease negotiations. Guy Brignon of Cross Creek Consulting represented the tenant, Design Expediting Services International LLC.

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WASHINGTON, D.C. — WashREIT has signed EIG Global, which provides institutional capital to the global energy sector, to a two-floor, 51,000-square-foot office lease at Watergate 600 in Washington, D.C. EIG Glboal is expected to move into the space in January 2020 and remain there for 17 years and eight months. WashREIT recently renovated the 12-story building, upgrading the entry way, lobby, elevators and common areas. The asset is situated at 600 New Hampshire Ave. NW, adjacent to the John F. Kennedy Center for the Performing Arts and about two miles from downtown.

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NEW YORK CITY — Columbia Property Trust has secured a 13,400-square-foot office lease for Drive Shack in the Chelsea neighborhood of Manhattan. Drive Shack, an owner and operator of golf-related leisure and entertainment businesses, will occupy the entire third floor of 218 W. 18th St. as its new corporate headquarters. Columbia Property Trust acquired the building in 2017. The property is now fully leased to a mix of technology and creative firms, including beverage and lifestyle company Red Bull. Built in 1912, the property is a former warehouse that was converted to an office building.

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GRAND PRAIRIE, TEXAS — Bradford Commercial Real Estate Services has negotiated a 51,200-square-foot warehouse lease at Trinity West Business Center in Grand Prairie, a northern suburb of Dallas. The tenant, full-service moving company All Points of Texas, occupies 36 percent of the space at the 140,800-square-foot property. Jim Ferris and Michael Spain of Bradford Commercial represented the local landlord, OMO Investment Co. Trust, in the lease negotiations.

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WESTLAND, MICH. — Athletico Physical Therapy has signed a 3,964-square-foot lease to open a location in Westland, a western suburb of Detroit. The company will open in the space formerly occupied by Anytime Fitness at Bayview Plaza. Larry Siedell, Michael Murphy and Tjader Gerdom of Gerdom Realty & Investment represented the landlord. Luke Paterson of Swearingen Realty Group represented Athletico.

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DALLAS — Lee & Associates has negotiated a 54,141-square-foot industrial lease at 11567 Hillguard Road in Dallas. Brett Lewis and George Tanghongs of Lee & Associates represented the landlord, GLP, in the lease negotiations. Transwestern represented the tenant, Consolidated Electrical Distributors Inc., an Irving-based electrical supply distributor with more than 600 locations across the United States.

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CHICAGO — Ardmore Roderick has signed a 12,700-square-foot headquarters lease for the entire third and fourth floors at 1500 W. Carroll Ave. in Chicago’s Fulton Market West. Ardmore is a civil engineering firm providing design engineering, construction inspection and management, structural engineering and survey work. Dayton Street Partners, which owns the property, recently completed a $4 million renovation at the six-story, 38,000-square-foot loft office building. The renovation included new exterior windows, bathrooms, HVAC system and lighting. The developer also added a modern lobby, rooftop deck, bicycle garage and parking for 42 cars. Mike Curran and Mark Georgas of JLL represented Dayton Street in the lease with Ardmore. Other recently signed leases at the building include Via Technik, Limitless Coffee, Neato Agency and Breather.

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DETROIT — Tin Roof has unveiled plans to open at The District Detroit. The music joint and restaurant will occupy the space formerly home to Cheli’s Chili Bar and will be situated near Comerica Park, Ford Field and the historic Fox Theatre. The original Tin Roof opened in 2002 near Nashville’s famed Music Row. Popular menu items include Dixie biscuits, voodoo shrimp grinder and candy pig mac & cheese. Other recently announced tenants at The District Detroit include Sahara Restaurant & Grill, The M Den, Frita Batidos, the Detroit Medical Center Sports Medicine Institute, Warner Norcross + Judd LLP and Google. Scott Young and Ashley Ketko of CBRE represent the landlord, Olympia Development, in lease transactions for retail properties at The District Detroit.

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NEW PROVIDENCE, N.J. — NAI Hanson has secured a 7,791-square-foot industrial lease for United Brewing in New Providence. The microbrewery will occupy 140 Spring St., Unit C, at the 66,000-square-foot property. United Brewing plans to set up a full production brewery as well as a tasting room at the site. Barry Cohorsky of NAI James E. Hanson represented the landlord, Davanne Realty Co. & 19-25 Columbia Street Corp., in the transaction. Terms of the lease were not disclosed. 

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Formation-The-Star-Frisco

FRISCO, TEXAS — The Dallas Cowboys will open Formation, an 18,000-square-foot coworking office space at The Star, the team’s 91-acre headquarters facility in Frisco. Formation will feature open collaborative workspace, dedicated desks and private offices, as well as access to The Star’s retail and restaurant amenities. The opening is currently set for early summer.

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